Water as an asset class is largely unknown to the retail adviser but Protected Distribution Limited, a T.I.S. Group subsidiary, is trying to change this with the launch of the UK's first protected water fund.
The 100% capital protected fund, if held for the full 10-year period, is provided by Barclays Bank through its new Barclays World Water Strategy index. The index tracks the performance of the world’s 40 largest publicly-quoted water related stocks, from over 700 available. Managed by Abacus Financial Services, the fund is domiciled in the Isle of Man, with a 0.75% administration fee and 2% annual management fee. There is also 4% upfront commission and 0.5% renewal. T.I.S. Group CEO Dan Farrow says water is the “commodity of the future”. “It is astonishing how much unrealised growth the...
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